6. MNCs can use to sell their existing accounts receivable as a means of obtaining cash. A) factoring B) a b of lading C) a banker's acceptance D) a letter of credit Answer 17 was established in 1934 with the intention to facilitate Sovict-American trade A) Domestic International Sales Corporation (DISC) B) Private Export Funding Corporation (PEFCO) C) Export-Import Bank D) Foreign Credit Insurance Association (FCIA) Answer 18. A provides a summary of freight charges and conveys title to the A) letter of credit B) banker's acceptance C) bl of lading D) bill of exchange Answer 19. According to the text, international trade activity has generally time. This should cause the popularity of trade finance techniques to over time A) increased; increase B) increased; decrease C) decreased; increase D) decreased; decrease Answer over 20. BIS stands for: a) nternational code for payments b) central bank of the central banks in the world. c) World bank located in New York